Resourceful Automobile IPO

Resourceful Automobile Ltd

₹1,40,400 /1200 sharesMinimum Investment

Resourceful Automobile IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹117.00₹117.00₹0.00 (0.00%)

Resourceful Automobile IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
22 Aug ‘24 - 26 Aug ‘24₹1,40,4001,200₹117 - ₹117
Issue SizeIPO Doc
11.99Cr
RHP PDF

About Resourceful Automobile

Resourceful Automobile is a dealership firm for Yamaha two-wheeler bikes that operates under the showroom name ‘Sawhney Automobiles’. The company is engaged in the sale and servicing of motorcycles and scooters. Sawhney Automobile’s portfolio consists of two-wheelers, including commuter bikes, sport bikes, cruisers, and scooters. Sawhney also operates a service centre that handles routine maintenance and repairs. Currently, Sawhney Automobiles runs two concept-focused showrooms, one of which includes an integrated workshop. The Blue Square outlet, situated in Dwarka, New Delhi, showcases Yamaha’s entire range, along with various apparel and accessories. The other showroom, situated on Palam Road in New Delhi, features the latest Yamaha models as well as other motorbikes.;
Founded in
2018
Managing director
Mr. Rahul Sawhney
Parent organisation
Resourceful Automobile Ltd

Strengths & Financials of Resourceful Automobile

Strengths
Risks
The company offers a diverse range of quality products for premium bikes. The focus is to optimise the customer experience while maintaining a reasonable price point.
Resourceful Automobile has an office and two showrooms in New Delhi. The company also maintains an online presence through its website and social media platforms.
The company has created partnerships with leading motorcycle manufacturers. This ensures that customers get access to latest models and genuine parts.
The revenue from operations of the company has increased steadily over the years, from Rs 11.04 crore in FY21 to Rs 12.32 crore in FY22 and Rs 18.84 crore in FY23.

Resourceful Automobile Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Resourceful Automobile IPO

Apply asPrice bandApply upto
Regular117 - 117₹2 Lakh
High Networth Individual117 - 117₹2 - 5 Lakh
For Resourceful Automobile IPO, eligible investors can apply as Regular.
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